UAE. Oman came through as the best performer in the regional indices with gains of +2.0% over the month, followed by Egypt advancing by +1.7%, while Saudi Arabia and Bahrain gained +1.0% and +0.6%, respectively.

Dubai led the losing team with losses of -5.9%, followed by Kuwait, and Abu Dhabi indices each losing -4.9%, and -4.4%, respectively.

Crude oil is still maintaining its position above the USD60 per barrel mark, ending November up +3.1% over the last month. The active regional IPO pipeline, coupled with high oil prices and any positive news in the geopolitical scene will act as a catalyst to the subdued activity that the markets are witnessing recently.

Indexes

Last

WTD(%)

MTD(%)

YTD(%)

Dubai(DFMGI)

3,420.17

-1.18%

-5.93%

-3.14%

AbuDhabi(ADSMI)

4,283.07

-0.09%

-4.39%

-5.79%

Saudi(SASEIDX)

7,003.97

1.83%

1.00%

-2.86%

Kuwait(KWSE)

6,196.50

-0.69%

-4.87%

7.80%

Egypt(EGX30)

14,582.22

3.37%

1.67%

18.12%

Bahrain(BHSEIDX)

1,283.71

0.56%

0.55%

5.18%

Oman(MSM30)

5,109.62

0.46%

1.97%

-11.64%

TR GCC(Reuters)

183.45

-0.24%

-5.15%

-9.45%

DJMENA

526.67

0.00%

0.26%

5.77%

Commodities&FX

Last

WTD(%)

MTD(%)

YTD(%)

Oil(Brent)

60.49

3.51%

5.13%

62.26%

NaturalGas

2.89

-0.89%

-3.79%

23.79%

Gold

1274.01

-0.23%

-0.40%

20.09%

Silver

17.12

1.24%

3.10%

23.79%

EURUSD

1.19

-0.34%

0.65%

9.48%

GBPUSD

1.35

1.01%

0.55%

-8.60%

USDJPY

112.10

0.51%

-0.33%

-6.82%

USDCHF

0.98

-0.34%

0.86%

-2.55%

AUDUSD

0.76

-0.04%

-2.86%

4.59%

USDCAD

1.27

-0.25%

1.72%

-8.37%

About Al Masah CapitalAl Masah Capital is one of the fastest growing alternative asset management and advisory firms focused on the MENA and SEA regions. Established in 2010 Al Masah Capital provides tailored solutions to a broad investor base, offering private equity advisory (across Healthcare, Education, Food & Beverages, Logistics and other consumer driven sectors), asset management, corporate and real estate advisory as well as public market research services.With operations in Dubai, Abu Dhabi and Singapore, Al Masah advises qualifying investors on growth opportunities in 13 focus markets in MENA and South East Asia.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

INTERNATIONAL. As our systems will get smarter, so too will our ability to understand their interconnectedness. Imagine the transformative power we could unlock if we could see the cumulative impact of a billion small actions in motion. Could IoT be the hero to save us from ourselves?

INTERNATIONAL. As our systems will get smarter, so too will our ability to understand their interconnectedness. Imagine the transformative power we could unlock if we could see the cumulative impact of a billion small actions in motion. Could IoT be the hero to save us from ourselves?

INTERNATIONAL. As our systems will get smarter, so too will our ability to understand their interconnectedness. Imagine the transformative power we could unlock if we could see the cumulative impact of a billion small actions in motion. Could IoT be the hero to save us from ourselves?

INTERNATIONAL. As our systems will get smarter, so too will our ability to understand their interconnectedness. Imagine the transformative power we could unlock if we could see the cumulative impact of a billion small actions in motion. Could IoT be the hero to save us from ourselves?